Global Welding Guns Market Growth 2023-2029
The global Welding Guns market size is projected to grow from US$ 478.6 million in 2022 to US$ 650.5 million in 2029; it is expected to grow at a CAGR of 650.5 from 2023 to 2029.
The main global manufacturers of welding torches are ABICOR BINZEL, NIMAK, Lincoln Electric, Kemppi, Panasonic, Fronius, Parker Torchology, CenterLine, the top five manufacturers together occupy about 42% of the market share. Global welding torch production regions are mainly located in Europe, North America, China, Japan, etc. In terms of its product categories, manual guns have a higher market share of 58.62%, while roboticguns have a lower share. In terms of its applications, the automotive is its top application area with a market share of 32.98%, followed by the home appliance with 25.17%.
A welding gun directs the wire to the joint, transfers the welding current to the wire and provides the gas for shielding the arc and weldpool.
LPI (LP Information)' newest research report, the “Welding Guns Industry Forecast” looks at past sales and reviews total world Welding Guns sales in 2022, providing a comprehensive analysis by region and market sector of projected Welding Guns sales for 2023 through 2029. With Welding Guns sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Welding Guns industry.
This Insight Report provides a comprehensive analysis of the global Welding Guns landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Welding Guns portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Welding Guns market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Welding Guns and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Welding Guns.
This report presents a comprehensive overview, market shares, and growth opportunities of Welding Guns market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Manual Guns
Robotic Guns
Segmentation by application
Home Appliances
Medical Industry
General Fabrication
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABICOR BINZEL
NIMAK
Lincoln Electric
Kemppi
Panasonic
Fronius
Parker Torchology
CenterLine
Illinois Tool Works (ITW)
ESAB (Tweco)
ARO Technologies
IPG Photonics
Huarui Welding & Cutting Machinery
MK Products, Inc
North Welding Tools Company
Taylor Studwelding
TECNA
Profax
ELCo Enterprises
YesWelder
Key Questions Addressed in this Report
What is the 10-year outlook for the global Welding Guns market?
What factors are driving Welding Guns market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Welding Guns market opportunities vary by end market size?
How does Welding Guns break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook